Brexit impact on GBP and Brexit timeframe
Debate over the UK PM Theresa May’s Brexit deal with EU will soon be started in the British Parliament and the lawmakers are expected to vote on it on December 11th.
Political analysts are suggesting that the agreement won’t make it through...
USD sinking, as Stocks soaring on dovish comment from FED chairman Jerome Powel, followed by Trump’s criticism of an imminent rate hike
The recent statement from FED chairman, Jerome Power indicated a fundamental shift for the US monetary policy, as US sinks followed by the comment.
Before the...
Despite an Upbeat Italian budget optimism, Euro leaning back on to the 1.1200s
The American Dollar has re-claimed gain over 97.00 on the DXY chart, aided by waves of EUR and GBP weakness
Despite Italy agreeing to cut its deficit target, EUR keep tumbling
This Week’s economic calendar...
Crypto currency outlook
Crypto Market continued to loss momentum and a sell-off completely takes over
Market outlook is withering, as buyers are stepping off
Further losses might be upcoming, as crypto market lacks buyers amidst its recent devastating decline
Death Crossed Cryptos Continued to show weakness
By market capitalization, the...
Sterling trending points
Sterling had capped itself in a tight range between 1.2770-1.2875, further move is highly unlikely ahead of EU27 leaders meeting due this weekend
Proposed 26-page, Brexit political sentence might not make it through the House of Commons
Sterling gets more sclerotic, as political noises are increasing
As...
Euro trending points
A disappointing EU PMI indicated that the Q4 growth stalled on 0.3%, smashing the Euro towards its key support level at 1.1330s.
EUR/USD pair had remained inconclusive, as EUR is struggling to make a decisive move higher
The third rejection of revised Italy budget had just...
GBP trending points
GBP soaring, EU and UK agreed to future ties
Challenges wobbling ahead, as the agreed document might not make it through the House of Commons
Euro resilient, as political turmoil remained incendiary
GBP soaring, bolting upwards, as EU-UK agree to future ties
During the Asia Pacific and...
Brexit chaos still keeps GBP vulnerable to whiplashing, as PM Theresa May heads for Brussels
Salubrious Sterling may get stable, as PM May eschewed no-confidence vote
Sterling worries remain, as PM May heads towards Brussels
GBP volatility is likely to persist, as Brexit negotiation continues
Later on Wednesday, UK PM...
British Pound trending points
British pound has been eyeing the BoE governor Carney testimony amidst Brexit worries
BoE Governor Carney testimony could reinforce a hawkish dive, as a Brexit propping statement is anticipated
Aussies down along with ASX 200, Asia Pacific stocks fall followed by a failed APEC...
